We own a dollar store. We were set up by a dollar store turn-key company, $1.00 Store Services, Inc. Headquartered in Las Vegas, Nevada. $1.00 Store Services, Inc. Gets most of their leads from the internet via their website and is linked to countless franchise websites.
We bought in to the package based on financial projections and expected earnings supplied by the company. They also told us to use these projections when preparing our loan proposals and negotiating our lease terms. We have never made anywhere near the projections after being in business for over a year.
We also have contacted various other store owners in several states and they all share similar stories and experiences. We believe $1.00 Store Services, Inc. Uses these sales projections as a lure and that they are grossly overstated if valid at all.
Please visit our website for more information about our cause at (link deleted - see below); especially the sections About Us, Profit Potential, and Existing Stores. The Profit Potential section provides hard evidence to substantiate our complaint.
We feel confident we have a case because our website has been up for over a month and $1.00 Store Services, Inc. Has not come after us for libel. You can't dispute the truth. However, they have reacted to information on our website with regard to the financial projections. They've changed all their financial data information.
Unfortunately, we've recently confirmed that their salespeople are still quoting these numbers to potential new store owners over the phone. If I had to guess I'd assume when our website came out they consulted an attorney, the attorney told them we had legitimate claims of fraud and then they changed the data.
People have lost everything as a result of false information supplied by this company - their spouses, their homes, their life savings, their health, their retirement. Our hopes and dreams of successful entrepreneurship may have been extinguished by $1.00 Store Services, Inc. But hopefully not in vain. $1.00 Store Services, Inc. Shouldn't be allowed to make a fortune off the backs of any more innocent hardworking Americans. Please take our warning seriously!!!
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